Can I receive DBT benefits in form of cash or cheque, instead of a bank transfer?
Curious about Direct Benefit Transfer
The primary objective of the Direct Benefit Transfer (DBT) system is to transfer benefits directly to the bank accounts of beneficiaries. The purpose of using bank transfers is to ensure transparency, efficiency, and accountability in the delivery of benefits. The funds are transferred electronically, reducing the risk of leakage and corruption.
In most cases, DBT benefits are provided through electronic funds transfer (EFT) directly to the beneficiary's bank account. This method is efficient and convenient as it eliminates the need for physical cash or cheques, reducing the chances of fraud and ensuring timely delivery of benefits.
While the preferred mode of disbursing DBT benefits is through bank transfers, the availability of alternative payment methods such as cash or cheque may vary depending on the specific scheme or subsidy and the policies of the implementing authority. It is advisable to check the guidelines and instructions provided by the concerned authority for the particular DBT scheme to know the available payment options.
It's important to note that the use of bank transfers in DBT is aimed at promoting financial inclusion, enabling beneficiaries to have better access to formal banking services, and facilitating direct transfers for various government schemes and subsidies.